国投期货贵金属日报-20250807

Group 1: Report Industry Investment Ratings - Gold investment rating: ☆☆☆ [1] - Silver investment rating: ☆☆☆ [1] Group 2: Core Viewpoints - Overnight, precious metals fluctuated. Concerns about the Fed's independence, the US economic outlook, and rising expectations of interest rate cuts have kept the US dollar in a weak trend. International gold prices have tested the resistance at the upper end of the trading range in the past three months again. The continuous verification of the US economy may cause market sentiment to fluctuate. In the fluctuating trend of precious metals, maintain the idea of buying on dips and be cautious about chasing high in the high - level area [1] Group 3: Summaries Based on Related Information Fed Statements - Kashkari believes that a short - term interest rate cut may be appropriate, and two interest rate cuts this year are reasonable. Trump says the new Fed governor may be temporary and will announce the appointment in 2 - 3 days. Daly says the labor market is slowing, tariffs have only a short - term impact, and the Fed will cut interest rates soon. Cook warns to be cautious when looking at data, the July employment data is worrying, and significant data revisions may occur when the economy is at a turning point. Hassett says the Fed Council's voting seems to be partisan [2] Tariff News - The Swiss Federal President left the US without progress on a trade agreement. Trump plans to impose about 100% tariffs on chips and semiconductors, with exemptions for factories built in the US. He also announced a 25% tariff increase on Indian goods, raising the total tax rate to 50%. He threatens to impose 25% tariffs on countries importing Russian crude oil. Apple is said to be largely unaffected by US tariffs on India and has increased its US investment commitment by $10 billion. Japan questions the consistency between the US tariff announcement and the agreement [2] US - Russia Talks - Trump says the US - Russia talks are fruitful, and there is a high possibility of a summit between Zelensky, Putin, and himself. The three leaders may meet face - to - face as early as next week. Rubio says a decision on secondary sanctions against Russia will be made within 24 - 36 hours, and the US and Russian leaders may talk in a few days [3]